JPMorgan cuts target for Voya Financial stock from USD 109 to USD 105

Published on 10/18/2026 at 12:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter earnings per share came in at USD 1.51 versus USD 1.98 expected. Voya Financial stock reports on November 2, 2026.

Research and reporting milestones

JPMorgan lowered its Voya Financial target from USD 109.00 to USD 105.00 on October 15, 2026.
Second-quarter earnings per share reached USD 1.51 versus USD 1.98 expected.
Voya Financial is scheduled to report its quarter ended September 30, 2026, on November 2, 2026.

VOYA, US9290891004, Illustration mit AI erstellt.

Voya Financial (ISIN US9290891004) faces a lower JPMorgan price target after the bank cut its view from USD 109.00 to USD 105.00 on October 15, 2026. According to Markets Insider, JPMorgan kept a Neutral rating while citing a third-quarter earnings preview and near-term headwinds.

Analysts reset their targets

The JPMorgan move followed a mixed run of research actions. MarketBeat reported an average 12-month target of USD 103.69 from 13 brokerages on October 17, 2026. The same overview listed seven Buy ratings, four Holds, one Strong Buy and one Sell, making the USD 105.00 JPMorgan target close to the published average.

Three recent signals for VOYA

Voya Financial reported second-quarter earnings on August 4, 2026, with earnings per share of USD 1.51 versus USD 1.98 expected and revenue of USD 1.88 billion versus USD 1.90 billion consensus, according to MarketBeat. On October 12, 2026, Bank of America kept a Sell rating and set a USD 91.00 target, as reported by Markets Insider. JPMorgan's October 15, 2026 action was the latest of the three signals.

What does the next report mean?

The next reporting date gives investors a clear test of whether the second-quarter earnings shortfall was temporary. Voya Financial is expected to discuss the quarter ended September 30, 2026, on November 2, 2026, with consensus estimates of USD 2.60 earnings per share and USD 1.96 billion in revenue, according to finanzen.net. Those estimates imply earnings per share growth from USD 1.80 in the year-earlier quarter and revenue contraction from USD 2.13 billion.

Capital and benefits provide context

Voya's operating backdrop includes more than USD 1.2 trillion of assets under management and administration across more than 18 million customers as of June 30, 2026. Its investor-relations page also cites USD 200 million of excess capital as of the second quarter of 2026. In Employee Benefits, trailing-12-month net revenue rose 13 percent year over year in the second quarter, while the aggregate loss ratio improved to 74 percent, according to Yahoo Finance.

Market context for VOYA

Voya Financial's primary listing is on the NYSE, where its 52-week range was USD 64.50 to USD 105.64 on October 16, 2026. The company entered the next reporting cycle with a market capitalization of USD 8.5 billion and a second-quarter earnings comparison that keeps profitability at the center of the analyst debate.

Voya Financial's investor-relations materials describe three complementary businesses and more than 90 percent free cash flow conversion. The November 2, 2026 report is the next dated test for the earnings outlook and the competing analyst views.